What is the overall process for approval?

A:

Property owners within the district will be asked to vote on the formation of the PBID. Votes are weighted by assessment paid – because some parcels will be assessed more than others, their votes are weighted accordingly.

There are two opportunities to express support throughout the formation process. The first opportunity is by signing a petition. The law requires signed petitions in support from over 50% of the proposed assessment to be generated within the proposed district.

The second opportunity is through a ballot process. The law requires that of the ballots that are returned, the majority of the ballots (weighted by assessment paid) must be in support of the PBID in order for it to be approved. If City Council determines that there is majority support of the ballots returned, they may approve and adopt the PBID.